Quality Power Electrical shares will debut on the stock exchange following an IPO offered at Rs 425 per share. The IPO saw a subscription rate of 1.2 times, raising concerns due to a muted grey market premium, suggesting a flat to negative listing debut.
Jio Financial Services to invest Rs 1,000 crore in Jio Finance
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through